Bank Of India Vesu Surat Gujarat MICR CODE

Find MICR Codes for Bank Of India Vesu Surat Gujarat

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MICR Code	395013023
Bank	Bank Of India
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Vesu
Contact	Br Mgr 09724339788
Bank Details	Bank Of India Vesu BKID0002765

Location	Vesu, Surat
City	Vesu
District	Surat
State	Gujarat
Pincode	395007
Country	IN
Address	Bank of india, vesu branch ,shop no. Gf-5,6&7 western business park, vesu cross road,vesu-surat -395007

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 395013023 for Vesu branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 395013023 of BOI, Vesu branch makes the system almost error free and faster. Use of BOI MICR codes for Vesu branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Bank Of India are available with micr code -

>>Vesu

MICR code for Bank Of India Vesu

Bank Of India MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. BOI MICR code for Vesu is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 395013023 is the MICR code of Bank Of India for Vesu branch. MICR code for Vesu branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for BOI Vesu is presented in the table alongside.

Use of BOI MICR code for Vesu branch in vesu

The MICR code 395013023 is used in RBI cheque clearing process to identify the branch Vesu and BOI bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Bank Of India is typically in either of these two font’s: E-138 and CMC-7.

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